economic development

It cited limited access to capital, lengthy permitting processes and other bureaucratic barriers as obstacles that prevent businesses from surviving or expanding. #alexigiannoulias #chicago

The stores, operated by Yellow Banana, closed after Save A Lot ended its operating agreement with the company, citing financial challenges that included a sharp decline in SNAP purchases. #grocery #food #centersquare

Local businesses, organizations and community members are invited to support the event through sponsorships, which begin at $150 and extend to the exclusive Winner's Circle Sponsorship. #sponsorships #kakakee #championship

With the state's $2 million investment, Second Story Ranch can begin construction on the facilities needed to serve men recovering from addiction while preparing them for employment and independent living. I truly believe this program will become one of Illinois' premier recovery models because of the leadership, vision and compassion behind it. This investment is about changing lives and strengthening families throughout our region. #patrickjoyce #oped #july

"This law will provide municipalities with the flexibility to address the needs of its communities and support local projects," Joyce said. "I would like to applaud the collaboration between my office and local Bourbonnais officials that led to this bill being signed into law." #municipalities #patrickjoyce #senatebill

The governor opened the conversation by touching on a hot button issue in the recent legislative session – data center power usage and the POWER Act, which didn’t make it through to passing in Springfield. #pritzker #climate #centersquare

The funding will benefit local high schools, including George Washington High School and St. Francis De Sales High School, by expanding STEM curriculum, classroom technology and educator training. #psiquantum #funding #southchicago

Balkema, R-Channahon, said the relocation shows Illinois needs to rethink its approach to economic policy. “I’m happy that that is occurring, but I also understand it,” Balkema said. “As I tour businesses throughout the district and the state, the top two things that businesses fear about Illinois and need help in is rules and regulations is absolutely the number one.” #centersquare #truevalue #buisness

Cohen said the development would fill a site that has laid dormant for nearly 50 years. “The 78” is being developed by Related Midwest on what Cohen called “a 62-acre hole” in the city grid. #centersquare #stadium #porjects

In a statement, Bally’s Corporation Senior Vice President for Corporate Development Christopher Jewett said the expansion of video gambling terminals represents a significant threat to the city’s long-term financial interests and violates commitments made under the company’s host community agreement with Chicago. #bally's #council #expansion